1408 N Las Palmas Avenue Los Angeles, CA 90028

0 Bedroom,

  • Residential Income
MLS: #20570592
$1,350,000
COMMENTS
Price reduced by $45, 000. The new asking price is $1, 350, 000. 1408 N Las Palmas is a lender-owned REO, six-unit apartment building situated in the Hollywood neighborhood of Los Angeles. The 1957 built property constructed of wood frame and stucco is a two-story walk-up with open parking in the rear, one parking space per unit. Units are individually metered for electricity and gas, and all of the units are one-bedrooms with one-bathroom. One unit will be delivered vacant, and five units are occupied. There is a potential to redevelop the property into either an apartment building or a small lot subdivision. According to public records the lot size is 7, 145.1 square feet and the zoning is RD 1.5-1XL and situated in a TOC Tier 3 zone. Please see KTGY site study. With a Walk Score of 96, the property is within walking distance to shops, dining, entertainment, and employment opportunities. The property is situated in the Federal Designated Qualified Opportunity Zone.

Property Features

  • Year Built: 1957
  • Lot Size: 7,144 SqFt
  • Parking Type: Parking Space
  • Heating: Wall Furnace
  • County: Los Angeles
  • Area: C20 - Hollywood

Location

Directions: Situated on North Las Palmas Avenue between Sunset Boulevard and De Longpre Avenue.

Listing courtesy of Berkadia
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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